(Change in GDP)/(Change in Total Public Debt)
Year over Year Smoothed
Value <1 indicates Negative ROI for Injected Capital
Posted on 02/11/2012 7:12:30 AM PST by Kartographer
I just heard on Thursday, from a co-worker, that our gas station across the street ran out of regular gas while being pumped.
She wanted a full tank, instead got 3/4 of a tank.
(Change in GDP)/(Change in Total Public Debt)
Year over Year Smoothed
Value <1 indicates Negative ROI for Injected Capital
Who can afford it?
Unemployment spiked right away to nearly 15% in some counties. Scooters that up to then had been derided as “deweycycles” due to being used by poor DUI convictions primarily, started being seen more and more during commuter drive time being used by people who had to get to work but couldn't afford any other way.
Unemployment locally in this manufacturing dominated area has declined but is still hovering around 10%. Traffic has rebounded to near normal levels morning and evening, but is still off for weekend travel. Those scooters haven't gone away either, there are more of them to the point that I leave earlier in the AM to account for being slowed by them.
‘Consider also the dramatic rise in online shopping.’
That is exactly why my consumption is down.
Very comprehensive list of reasons this is happening at the link....
I would add only that the combination of the housing mess and the increase in the price of gasoline is causing populations to leave the suburbs for city centers. The reverse had happened over the last few decades with better fuel economy enabling people to leave city centers for the suburbs. Commuting long distances to work (if you have a job) no longer makes sense.
WHAT??? These charts have obviously been ma’nipilated. MSM reports say different so who we gonna believe? Some guy named Fred or nyTimes. LOL! How can anyone with even a small portion of brain function believe that unemployment has dropped? My wife finally gave up looking and so dropped off the unemployment roles. Guess what. She’s still unemployed but not counted. Probably lots of those out there. What buh-foons. Gas usage plummets. So, in order for the EVIL oil companies to maintain their HUGE profits (?) the must increase the $$/gal to make up for it. Riiiiight! Good thing it isn’t having any effect on those billionaires and trillionaires.
Work schedules get rearranged. I’ve had work groups go from M-F 8-5 to 9-80 schedules with each half getting Friday off each week. Others go 4-10 with different people taking Monday for Friday off. The first schedule reduces gas usage 10%, the other 20%.
Hmmmmm!? People moving to city centers? Where have we heard this before? Possibly one of the Agenda 21 initiatives? Of course that’s all conspiracy theory right? Stock up now. Ammo and TP.
Average #weeks on unemployment at unspeakable highs
% Population working dropping rapidly
Economy running on the Nitro of injected debt, burning out it’s engine
The FRED statistics are profoundly abnormal
Drivers got more MPG and simply drove more.
By 2007, prices at the pump started to rise and we all cut down our driving miles.
The CAFE standards are just another example of govt. actions and unintended consequences.
I do all my shopping before or after work and as a part of that drive;I make very few drives solely for pleasure or shopping.$350 to $4 gasoline cuts into the money for other purchases for millions of lower-paid Americans who are more likely to be driving bigger,older, cars that use a bit more gas.
obama and the socialist ,as always, actually make life harder for the poorer.
Well, if you have a mortgage on a house you can’t sell in the outer burbs, lose your job but find another, lower paying one on the other side of town, what are you going to do? Default on the note? That doesn’t work well in deficiency judgement states. So, carpool or cheap scooter. How many commute from where you are to where you’re now having to go daily? Very few.
That’s the explanation I’ve embraced for just why I have to pass at least ten of the things every workday morning now. Rain or shine, freezing cold, doesn’t matter, there they are. They’re commuting on them.
Just bought a “light truck” (RAM 1500 Hemi) that burns a ton of gas. Woo Hoo! Just doing my part to ward of the great impending NEW ice age. Must be working too. Winter here in Nevada’s been real mild. Of course I don’t drive in the mountains since I want the ski areas to get snow. Drive locally, warm locally. That’s about as logical as the AGW clowns out there. But dang it sure does cost a ton to fill it up too! Maybe I should apply for some obambi bucks! LOL!
Last sentence. Did you actually mean “INTENDED consequences”?
I see quite a few more smaller cars on the road such as Cobalt’s, small Hyuani’s etc and way less large SUV’s. The SUV’s I do see are the small ones such as the Ford Escape or Honda CRV.
A contact of mine in the yield department of a refinery tells me they sell surplus gas to Mexico now. Another contact working at a catalytic cracking unit tells me they may throttle back production shortly,due to surplus and low demand.
Many of the comments at the site are just sad. The problem I see is the brainwashing of the last 3 to 5 decades has firmly taken hold. We can’t possibly educate the liberal mindset in time to do any good. It would take years. What was it Reagan said?
“Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn’t so.”
There is so much they know that isn’t so and they firmly believe it to be the truth. Nothing short of erasing their mindset and re-educating them would do.
The point of not being able to educate them quickly enough is illustrated to me by what I have been doing this last week, teaching a course in advanced engineering. Not at the university level but in industry. My cohort and I have been sent 30 mostly young engineers and technicians who have almost no background for what we are trying to teach them. Their employers are hiring people who are not qualified for the jobs they hold. The students are lost and we are frustrated. This is neither right or fair for either the students or us. We can’t teach principles of the new technology because the students have never been taught the basics necessary for the performance of their jobs. There simply is not enough time to teach them what they don’t know and must know to be successful with the new application.
We have raised a generation of people who have no relevant life experience from what I can see. Trying to illustrate a point I asked how many had packed a wheel bearing or hot rodded a car.... 2 out of 30 in one case and ZERO out of 30 in another case. Engineers and technicians who have never done much at all mechanically.
They can quote scripture and verse about company policy, safety slogans, environmental regulations and regurgitate canned procedures but have almost no idea why they do what they do or the principles of the task. We have a generation of “engineers” who seem to be very good at punching numbers into a simulator or application but very little in the way of practical background about the tasks being performed or the principles of design.
Our frustration is that we are going to be sending people out into the industry to apply the new technology who will still be incompetent. I still believe they are not stupid but merely ignorant.
The other thing I see with these youngsters is that politically and economically they are mostly ignorant of the world around them. Their free time is on I-pads with social networks, movies, going to ball games, partying etc.
A lot more people realize that we are a Facist State these days. Why outcry when you know they not only dont care, they get off on it.
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